CIBC donates $500,000 to help Calgary's next generation of teachers at Mount Royal University

Donation is the University's largest gift for bursaries in Bachelor of
Education

CALGARY, Nov. 28, 2011 /CNW/ - CIBC (TSX:CM) (NYSE:CM) CIBC announced
today a $500,000 donation to Mount Royal University to fund bursaries
for students enrolled in the Bachelor of Education - Elementary
program, one of Mount Royal's newest baccalaureate degrees.

The gift, which is the largest donation to the University for bursaries
in the Bachelor of Education - Elementary program, was announced by the
Honourable Jim Prentice, P.C., Q.C., CIBC Senior Executive
Vice-President and Vice Chairman.

"At CIBC, we're committed to helping kids and young adults build a
better future and providing increased access to education is a large
part of that commitment," said Mr. Prentice. "We are proud to partner
with Mount Royal University in supporting Calgary's next generation of
teachers."

"Bursaries are a top priority for Mount Royal University," said David
Docherty, President, Mount Royal University. "As our Bachelor of
Education - Elementary program grows, and more and more students
progress through the four-year degree, so too will their need for
essential financial support. CIBC shares this understanding. We are so
grateful to CIBC for this incredible show of support, not only for our
students, but for quality of education in our post-secondary
institutions and in our elementary programs as well."

CIBC is committed to supporting causes that matter to our clients,
employees and our communities. We aim to make a difference in
communities through corporate donations, sponsorships and the volunteer
spirit of employees. With a strategic focus on Kids, Cures and
Community, and employee commitment to causes including the Canadian
Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's
Foundation and United Way, we are investing in the social and economic
development of communities across the country. In 2010, $33.7 million
was contributed through the CIBC group of companies to charitable and
non-profit initiatives in Canada, supporting a wide variety of
national, regional and local organizations. To learn more, visit www.communitymatters.cibc.com.

To learn more about Mount Royal University, please visit: www.mtroyal.ca